Board Resolution for Declaring Dividends
I. Introduction
This Board Resolution is made to declare the dividend payment to the shareholders of [YOUR COMPANY NAME], in accordance with the company's dividend policy and approved by the Board of Directors.
II. Declaration of Dividends
The Board of Directors of [YOUR COMPANY NAME], having reviewed the financial position and the available retained earnings, hereby resolves to declare a cash dividend of $2.00 per share for the fiscal year ending December 31, 2049.
The dividend will be paid as follows:
Dividend Amount | Record Date | Payment Date |
|---|
$2.00 per share | March 15, 2050 | April 1, 2050 |
Shareholders on record as of March 15, 2050, will be eligible to receive the dividend.
III. Payment Method
The dividend will be paid in cash. Shareholders may receive the payment by check or direct deposit, based on the preferred method registered with the company's registrar.
For inquiries, shareholders may contact [YOUR NAME] at [YOUR EMAIL].
IV. Conclusion
This resolution will be effective as of the date signed, and the company is committed to fulfilling its obligations in accordance with the above-mentioned terms.
Signed:
[YOUR NAME]
Chairperson, Board of Directors
[YOUR COMPANY NAME]
[YOUR COMPANY ADDRESS]
[YOUR COMPANY WEBSITE]
Date: January 7, 2050
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